KoMiCo Calls Extraordinary General Meeting to Approve Stock Split and Par Value Change
KoMiCo is convening an extraordinary general meeting on July 15, 2026 to vote on a stock split and amendment to the articles of incorporation.
The stock split will reduce the par value from KRW 500 to KRW 200 and increase outstanding shares from 20,545,310 to 51,363,275, a 2.5-for-1 split, aiming to expand the number of circulating shares and improve investment accessibility.
The largest shareholder Mico holds 41.85% of shares, and the company holds 1.83% as treasury shares.
[AI Summary]KoMiCo's stock split is a policy measure to improve liquidity without diluting existing shareholder value. It is expected to increase stock price volatility but positively enhance long-term investor accessibility.